Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) Stock Price Down 2.2% – Here’s What Happened

Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) shares were down 2.2% during trading on Thursday . The company traded as low as $21.26 and last traded at $21.33. Approximately 228,543 shares changed hands during mid-day trading, an increase of 79% from the average session volume of 127,974 shares. The stock had previously closed at $21.80.

Eaton Vance Enhanced Equity Income Fund II Stock Performance

The company has a 50 day moving average of $22.13 and a 200 day moving average of $22.00.

Eaton Vance Enhanced Equity Income Fund II Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be given a dividend of $0.1523 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%.

Institutional Trading of Eaton Vance Enhanced Equity Income Fund II

A number of large investors have recently bought and sold shares of EOS. Invesco Ltd. boosted its stake in Eaton Vance Enhanced Equity Income Fund II by 27.9% in the 4th quarter. Invesco Ltd. now owns 728,817 shares of the company’s stock worth $17,062,000 after purchasing an additional 159,111 shares during the period. Wolverine Asset Management LLC increased its stake in Eaton Vance Enhanced Equity Income Fund II by 299.4% in the 4th quarter. Wolverine Asset Management LLC now owns 162,779 shares of the company’s stock valued at $3,811,000 after buying an additional 122,021 shares during the last quarter. Fund Advisors of America Inc FL acquired a new stake in Eaton Vance Enhanced Equity Income Fund II in the 4th quarter valued at $2,541,000. Landscape Capital Management L.L.C. acquired a new stake in Eaton Vance Enhanced Equity Income Fund II in the 4th quarter valued at $2,398,000. Finally, 1607 Capital Partners LLC bought a new stake in Eaton Vance Enhanced Equity Income Fund II during the 4th quarter worth about $2,154,000.

About Eaton Vance Enhanced Equity Income Fund II

Eaton Vance Enhanced Equity Income Fund II is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of mid-cap and large-cap companies. It generates current earnings from option premiums by selling covered call options on a substantial portion of its portfolio. The fund benchmarks the performance of its portfolio against the Russell 1000 Growth Index, the CBOE S&P 500 BuyWrite Index, and the CBOE NASDAQ-100 BuyWrite Index.